PT Makmur Berkah Amanda Tbk, (AMAN) Fair Value & Analysis
Real Estate · ID · Market cap 999B IDR
Fair value as of: Jul 16, 2026
From 7 valuation models · updated 25 days ago
Share price −3.9% over the past month.
Below-average quality, currently priced close to our fair value.
What matters now
- The price sits close to our fair value, market and models broadly agree here, little valuation tension.
- As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.
How to read this chart
60‑month range 84.24 IDR – 991.07 IDR · fair‑value band 189.03 IDR – 315.05 IDR · the 246.00 IDR price screens below the 252.04 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.
Analysis
PT Makmur Berkah Amanda Tbk, (AMAN) currently trades at 246.00 IDR, while our model-based Fair Value estimate is 252.04 IDR, implying the stock looks roughly 2.5% fairly valued today. The Quality Score stands at 43/100 (below-average quality), in the Real Estate sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.
Over the trailing twelve months, PT Makmur Berkah Amanda Tbk, generated revenue of 227B IDR at a net margin of 19.7%. Revenue declined 9.7% year over year. It earns a return on equity of 5.9%. Net debt stands at 323B IDR. Fundamentals as of Jul 16, 2026
Our scenario range runs from 189.03 IDR (bear case) to 315.05 IDR (bull case); at 246.00 IDR, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 36% below its 52-week high and 170% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 32% fair-value upside, at 2%, AMAN screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 7 models by family
Widest divergence: Multiples (252.04 IDR) versus Asset-Based (141.69 IDR). Highest evidence: Residual Income (76).
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Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 40 · Market factors (momentum, volatility) 63
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
PT Makmur Berkah Amanda Tbk, together with its subsidiaries, operates as a real estate developer in Indonesia. It operates through Real Estate - Warehouse, Real Estate - Rent, Real Estate - Land, and Hospitality segments. The company's development portfolio comprises residential, warehouse, and commercial properties.
Full company description
PT Makmur Berkah Amanda Tbk, together with its subsidiaries, operates as a real estate developer in Indonesia. It operates through Real Estate - Warehouse, Real Estate - Rent, Real Estate - Land, and Hospitality segments. The company's development portfolio comprises residential, warehouse, and commercial properties. It also engages in the rental and sale of warehouses; sale of developed land; and operation of hotels. The company was formerly known as PT Sidomaju Industri Estate. The company was founded in 1996 and is headquartered in Jakarta Barat, Indonesia. PT Makmur Berkah Amanda Tbk operates as a subsidiary of Pt Griya Prima Amanda.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
PT Makmur Berkah Amanda Tbk, reported revenue of 235B IDR in FY2025 versus 101B IDR in FY2021, a compound +23.6%/yr. Reported net income was 57.4B IDR in FY2025, compounding +14.4%/yr from FY2021.
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Peer Group
Real Estate - Development · 588 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Real Estate - Development median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| DLF Limited DLF | ₹657.75 | ₹159.49 | -76% |
| Lodha Developers Limited LODHA | ₹1,188 | ₹583.43 | -51% |
| PT Pantai Indah Kapuk Dua Tbk, PANI | 6,125 IDR | 1,330 IDR | -78% |
| Oberoi Realty Limited OBEROIRLTY | ₹1,925 | ₹1,183 | -39% |
| Godrej Properties Limited GODREJPROP | ₹2,102 | ₹1,044 | -50% |
| PT Jaya Real Property, Tbk., JRPT | 1,080 IDR | 1,674 IDR | +55% |
| PT Bumi Serpong Damai Tbk, BSDE | 555.00 IDR | 1,388 IDR | +150% |
| PT Sentul City Tbk, BKSL | 64.00 IDR | 84.16 IDR | +32% |
| PT Ciputra Development Tbk, CTRA | 555.00 IDR | 1,388 IDR | +150% |
| PT Duta Pertiwi Tbk DUTI | 4,100 IDR | 6,239 IDR | +52% |
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Frequently asked questions
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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